Publication of Circular and Notice of EGM

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[{"type":"text","content":"\n \nRNS Number : 6613S Globalworth Real Estate Inv Ltd 12 March 2019  \n\nThe information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this information is considered to be in the public domain.\n \n12 March 2019\nGlobalworth Real Estate Investments Limited \n(\"Globalworth\" or the \"Company\")\nPublication of Circular and Notice of EGM\n \nGlobalworth, the leading office investor in Central and Eastern Europe, announces that an Extraordinary General Meeting (\"EGM\") of the Company will be held at 11.00 a.m. on 29 March 2019 at Ground Floor, Dorey Court, Admiral Park, St Peter Port, Guernsey, GY1 2HT. This follows the Company's announcement on 11 March 2019, in conjunction with its preliminary financial results for the year ended 31 December 2018, of its intention to raise up to €500 million additional equity capital through the issue of new Shares in the capital of the Company (the \"New Shares\") at or around the prevailing EPRA NAV per share.  \nThe purpose of the EGM is to ask Shareholders to authorise the Board, as permitted by and in accordance with the Articles, to issue up to 55,000,000 New Shares pursuant to (i) a proposed placing for cash of up to 38,000,000 New Shares (the \"Placing\"); and (ii) the proposed issue of up to 17,000,000 New Shares to Growthpoint Properties International (Pty) Ltd (or its nominee) (\"Growthpoint International\") in exchange for Growthpoint International's 21.58 per cent. interest in the Globalworth Poland Real Estate N.V. (\"GPRE\") (the \"GPRE Exchange\" and, together with the Placing, the \"Proposals\"). \nFurther announcements providing details of the Proposals and certain disclosure and confirmation requirements required under the AIM Rules will be published in due course once the terms of the Proposals have been agreed.\nCopies of the circular containing the Notice of EGM (the \"Circular\") will be posted to Shareholders. In addition to containing the Notice of EGM, the Circular also contains an explanation of each resolution being proposed and the recommendation of the Board to vote in favour of each resolution.\nExpected timetable\n\n\n\n\n \n\n\n2019\n\n\n\n\nPublication of the Circular\n\n\n13 March\n\n\n\n\n...

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